Business
Poundland Steps up Security after Losing £44m in Stock
January 14, 2025
January 30, 2025
Retailers in the UK have suffered record levels of shoplifting and violence against employees, according to new data from the British Retail Association (BRC).
The latest BRC crime survey, covering the 12 months to April 2024, recorded £2.2 billion in store theft losses, up from £1.8 billion the previous year.
This surge occurred despite £1.8 billion in security investments aimed at combating theft by individuals and organised crime networks.
Key findings from the report:
Despite these alarming figures, some retailers see progress. The Pegasus partnership, launched in October 2023, is reportedly helping to curb retail crime, according to the Co-op Group’s crime prevention lead.
Retailers continue to urge the government and police for stronger action to tackle theft and violence in stores.
Source: Sky news
